138 S Bahama DrDuck KeyFL33050
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowDay-one income is the story at 138 S Bahama Dr, Duck Key, FL, 33050 in Duck Key. Priced at $389,000, it generates $6,665/mo in gross rent and $4,083/mo in net monthly cash flow, a 20.56% yield that comfortably supports the 3.81 DSCR needed for Ziffy Mortgage's no-W2 DSCR mortgage. Projected annual cash flow: $49,000. Five-year appreciation: $107,474. Equity from principal paydown: $3,583/yr. Total projected cumulative return: $411,069.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 20.6% | 7.0% |
| Monthly Cash Flow | $4,083 | $200 |
City averages based on Duck Key market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $6,665 |
| Total Monthly Debt Service | $2,427 |
| DSCR Ratio | 2.75x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Lot
Built in N/A
8,245 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33050, Marathon, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,703 (100%) |
| Owner Occupied HU | 3,114 (40.4%) |
| Renter Occupied HU | 1,731 (22.5%) |
| Vacant Housing Units | 2,858 (37.1%) |
| Median Home Value | $810,155 |
| Average Home Value | $1,034,655 |
Housing Distribution
Address Breakdown
Residential
6,022
Single Family
5,534
Multi-Family
488
Businesses
739
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Lot
Built in N/A
8,245 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33050, Marathon, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,703 (100%) |
| Owner Occupied HU | 3,114 (40.4%) |
| Renter Occupied HU | 1,731 (22.5%) |
| Vacant Housing Units | 2,858 (37.1%) |
| Median Home Value | $810,155 |
| Average Home Value | $1,034,655 |
Housing Distribution
Address Breakdown
Residential
6,022
Single Family
5,534
Multi-Family
488
Businesses
739
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices